Market Forecast

The Global Fiberglass Pipes Market Share is expected to grow to USD 8.66 Billion by 2025 at a CAGR of 5.16%

Segmentation

By Resin: The GRP pipes market can be divided based on their constituent resin into three categories, namely epoxy, polyester, and vinyl ester. Of the three, the largest market share belongs to epoxy GRP pipes due to their utility in the petroleum and chemical industries. Epoxy GRP pipes offer enhanced strength, great corrosion resistance against both chemicals and the environment, as well as a very long service life. They are used to transport crude oil, petroleum, gas, chemicals, and chemical waste. Polyester GRP pipes are inferior to epoxy GRP pipes in all categories except cost and ease of manufacturing. This ensures the use of polyester GRP pipes within the utility and agricultural sectors. The growing demand to supply water to arable land and a fast-growing utilities sector due to rapid urbanization are driving the polyester GRP pipes market. Vinyl ester GRP pipes are between epoxy and polyester GRP pipes in terms of quality and cost. They offer superior impact resistance and flexibility, making them ideal for use in stress environments.

By End-Use: The oil gas industry is the largest market within this segment, and it is rapidly growing. Oil and gas transportation is carried out either by pipelines or by tankers, with pipelines being far more cost-effective. More than 70% of the of the crude oil gas within the US was shipped by pipelines in 2014. Innovations in the GRP pipes market is ensuring the steady growth of this percentage and it is acting as a driver for this market. Chemical industries see much value in GRP pipes due to their corrosion resistance. They are used to transport chemicals as well as chemical waste. The urbanization being witnessed globally is also causing an increase in the utility sector, a key component of which is water supply and wastewater management. grp conduit are used extensively to facilitate both. Irrigation is essential in the agricultural sector due to the ever-increasing demand for agricultural produce to feed an ever-increasing human and livestock population.

Key Players

• Saudi Arabian Amiantit Co. (Saudi Arabia)
• Future Pipe Industries (UAE)
• Hengrun Group Co., Ltd. (China)
• National Oilwell Varco (US)
• FLOWTITE Technology AS. (Norway)
• Columbus McKinnon Corporation (US)
• Sarplast SA (Switzerland)
• Weihua Group (China)
• Amiblu Holding GmbH (Austria)
• FIBREX - Fiberglass Pipe Manufacturer, FRP Pipes, GRP Pipes (US)
• Enduro (US)
• Beetle Plastics (US)
• Smit Group, LLC (US)

About Market Research Future - 

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Edibles.

 MRFR team has the supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

 In order to stay updated with the technology and work process of the industry, MRFR often plans conducts meet with the industry experts and industrial visits for its research analyst members.

 Contact:

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone: +1 628 258 0071(US) +44 2035 002 764(UK)

Email: [email protected]

Website: https://www.marketresearchfuture.com